Fuel News

About Fuel News...

Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers today鈥檚 fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

Business, Fuel

US Plans to Sell Down Strategic Oil Reserve to Raise Cash

The United States plans to sell millions of barrels of crude oil from its Strategic Petroleum Reserve from 2018 until 2025 under a budget deal reached Oct. 26 by the White House and top lawmakers from both parties.

October 27, 2015
Business, Fuel

Oil at $50 Is 鈥楪ift to World鈥 Says OPEC Member

Oil at $50 a barrel is a 鈥済ift to the world鈥 as prices should be low enough to spur economic growth, according to the head of Abu Dhabi鈥檚 Department of Economic Development.

October 26, 2015
Business, Fuel

National Diesel Average Declines 2.5垄 to $2.531 a Gallon

The average price of diesel fuel in the United States declined 2.5 cents a gallon to $2.531, the Department of Energy reported Oct. 19.

October 20, 2015
Business, Government, Safety, Fuel

Trailer Makers Say GHG Plan Exceeds EPA鈥檚 Legal Authority

Trailer makers are troubled by the Phase 2 proposal on greenhouse-gas emissions, with some asserting the agencies involved exceeded their regulatory authority and others arguing the mandates are overly aggressive and based on faulty assumptions.

October 19, 2015
Business, Fuel, Safety, Government

UTi Worldwide Agrees to Buyout by DSV Group for $1.35 Billion

UTi Worldwide, a U.S.-based air and ocean freight forwarder that has been struggling to reverse a downward trend in revenue and profits, has agreed to a buyout by Danish freight forwarder and transportation firm DSV Group for $1.35 billion.

October 19, 2015
Business, Government, Safety, Fuel

Diesel Jumps 6.4垄 to $2.556;Gasoline Rises 1.9垄 to $2.337

The average price of diesel fuel in the United States rose 6.4 cents a gallon to $2.556, the largest increase in more than two years, the Department of Energy reported.

October 19, 2015
Business, Fuel

America's Highways Come Alive as Cheap Gas, Job Growth Spur Driving

Americans are increasingly taking to the highways and byways as lower gasoline prices and rising employment spur a 鈥渞oad trip recovery,鈥 according to Nicholas Colas, chief market strategist at Convergex.

October 15, 2015
Business, Fuel

National Diesel Average Price Rises by Most in More Than Two Years

The average price of diesel fuel in the United States rose 6.4 cents a gallon to $2.556, the largest increase in more than two years, the Department of Energy reported Oct. 13.

October 13, 2015
Fuel

GHG Comments Reflect Divide on Timeline of Phase 2 Proposal

With the comment period now closed on the federal greenhouse-gas proposal to limit emissions from trucks, battle lines are drawn between vehicle owners and manufacturers who want fuel-efficient and well-tested trucks and environmental activists seeking the toughest standards as soon as possible.

October 12, 2015
Government, Fuel

California Pushes EPA to Lower NOx Limit as Part of GHG Rule for Heavy Trucks

California environmental regulators said they plan to begin development of tougher nitrogen oxide standards for heavy trucks, possibly as early as 2017.

October 12, 2015